Silver Tiger Metals Inc. (TSX.V:SLVR)
Has intersected 5.6 meters grading 1,010.3 g/t silver equivalent within 14.2 meters grading 519.5 g/t silver equivalent in drill hole ET-21-204.
Highlights include Hole ET-21-204: 5.6 meters grading 1,010.3 g/t silver equivalent from 120.4 meters to 126.0 meters, consisting of 272.7 g/t silver, 0.14 g/t gold, 0.18% copper, 5.53% lead and 16.95% zinc.
| Silver Tiger Metals | TSX.V: SLVR |
| Stage | Exploration |
| Metals | Silver, gold |
| Market cap | C$139 million @ 54c |
| Location | Sonora, Mexico |
SILVER TIGER INTERSECTS 5.6 METERS GRADING 1,010.3 g/t Ag Eq
WITHIN 14.2 METERS OF 519.5 g/t Ag Eq IN THE BENJAMIN VEIN
HALIFAX, NOVA SCOTIA – April 6, 2021 – Silver Tiger Metals Inc. (TSXV: SLVR and
OTCQX:SLVTF) (“Silver Tiger” or the “Corporation”) ”) has intersected 5.6 meters grading 1,010.3 g/t silver equivalent within 14.2 meters grading 519.5 g/t silver equivalent in drill hole ET-21-204.
Highlights from these new drill holes, which are located on sections 25 meters and 50 meters to the south of the Benjamin Vein discovery drill hole ET-20-193 (press released on January 21, 2021), include the
following:
● Hole ET-21-204: 5.6 meters grading 1,010.3 g/t silver equivalent from 120.4 meters to 126.0 meters, consisting of 272.7 g/t silver, 0.14 g/t gold, 0.18% copper, 5.53% lead and 16.95% zinc within 14.2 meters grading 519.5 g/t silver equivalent from 111.8 meters to 126.0 meters, consisting of 140.5 g/t silver, 0.12 g/t Au, 0.08% copper, 2.98% lead and 8.54% zinc
● Hole ET-21-206: 2.0 meters grading 1,443.0 g/t silver equivalent from 109.8 meters to 111.8 meters consisting of 1,034.5 g/t silver, 0.18 g/t Au, 0.29% copper, 2.74% lead and 8.83% zinc within 12.6 meters grading 266.6 g/t silver equivalent from 106.2 meters to 118.8 meters, consisting of 181.3 g/t silver, 0.07 g/t gold, 0.05% copper, 0.57% lead and 1.79% zinc
● Hole ET-20-199: 1.1 meters grading 1,015.9 g/t silver equivalent from 113.6 meters to 114.7 meters, consisting of 699.4 g/t silver, 0.11 g/t gold, 0.2% copper, 2.08% lead and 7.01% zinc within 7.7 meters grading 304.6 g/t silver equivalent from 107.0 meters to 114.7 meters, consisting of 222.3 g/t silver, 0.05 g/t gold, 0.09% copper, 0.51% lead and 1.69% zinc
Silver Tiger Management Comments
“The first drill holes following up on the discovery of the Benjamin Vein in January have delivered wide zones of high grade silver mineralization.
“The discovery on the Benjamin Vein is located 1.25 kilometers north of the discovery announced in February of the high grade Footwall Zone in the Sooy Vein, with both discoveries in the Flat formation kilometers apart.
“The Benjamin Vein appears to be the northern extension of the Sooy Vein.”
Silver Tiger’s CEO, Glenn Jessome
The discovery of the Benjamin Vein was press released on January 21, 2021 with drill hole ET-20-193 intersecting 3.0 meters of 1,310.1 g/t silver equivalent. Drill hole ET-20-193 is located approximately 900 meters north of the historic El Tigre mine workings.
About the El Tigre Historic Mine District
Silver Tiger Metals Inc. is a Canadian company whose management has more than 25 years’ experience discovering, financing and building large hydrothermal silver projects in Mexico. Silver Tiger’s 100% owned 28,414 hectare Historic El Tigre Mining District is located in Sonora, Mexico.
Principled environmental, social and governance practices are core priorities at Silver Tiger.
The El Tigre historic mine district is located in Sonora, Mexico and lies at the northern end of the Sierra Madre silver and gold belt which hosts many epithermal silver and gold deposits, including Dolores, Santa Elena and Las Chispas at the northern end.
In 1896, gold was first discovered on the property in the Gold Hill area and mining started with the Brown Shaft in 1903. The focus soon changed to mining high-grade silver veins in the area with production coming from 3 parallel veins the El Tigre Vein, the Seitz Kelley Vein and the Sooy Vein.
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Disclosure
The writer holds Silver Tiger Metals, bought in the market at the prevailing price on the day of purchase.